Summer Analyst

Job Description

About Citi’s Commercial Bank

Citi’s Commercial Bank (CCB) focuses on working with businesses that generate annual sales from $10 million to over $3 billion. The Commercial Banking team is dedicated to helping these clients achieve maximum growth by providing a comprehensive suite of financial products and services. This includes deposit and lending solutions, as well as expertise in cash management, trade finance, foreign exchange (FX), and capital markets.

Summer Analyst Program: Shaping Future Leaders

The Summer Analyst Program at Citi’s Commercial Bank is designed to attract and nurture top talent, preparing them for leadership roles within the global commercial banking sector. This 10-week program, starting in June, combines intensive training with hands-on experience, allowing you to quickly acclimate to your role and the Citi culture.

What You’ll Do: A Deep Dive into Client Coverage

As a Summer Analyst, you will be part of a Coverage team, working directly with Relationship Managers to support a portfolio of clients. You will be a key player in delivering Citi’s full range of solutions, helping clients navigate their growth strategies locally and internationally.

Your key responsibilities will include:

• In-depth Research & Analysis: Conduct thorough company research and industry analysis to understand client needs and market trends.
• Financial Modeling Expertise: Analyze financial data and create sophisticated models, focusing on company valuations, discounted cash flow analysis, and pro-forma analyses.
• Commercial Lending Support: Contribute to the commercial lending process, including secured and unsecured revolving lines of credit, term loans, syndicated loans, leveraged loans, and cross-border loans.
• Client Experience Ownership: Partner with Bankers and Product teams to identify the most suitable solutions for achieving client goals.
• Deal Management & Presentation: Actively participate in deal management and prepare compelling client presentations, including business development presentations, pitch books, prospect memos, and other client-related materials.
• Cross-Functional Collaboration: Engage with partners across the firm, including product, credit risk, in-business controls, legal, marketing, operations, risk, compliance, and technology teams.

What You’ll Learn: A Comprehensive Foundation

Through structured training, mentorship, and hands-on experience, you will develop a comprehensive understanding of:

• CCB Target Market: Gain a clear understanding of the target market, value proposition, and client coverage model within CCB.
• Client Interaction: Learn how bankers effectively interact with clients, identify their needs, and build strong relationships.
• Credit Solutions: Deepen your knowledge of various credit product types and how they align with client needs.
• Underwriting Expertise: Gain a thorough understanding of the commercial loan underwriting process, including loan structuring and documentation.
• End-to-End Credit Process: Master the complete credit process, including new origination and portfolio monitoring.
• Client Engagement: Develop your skills in engaging with clients, prospects, and influential stakeholders.
• Citi Policies & Procedures: Become familiar with Citi’s credit and regulatory policies and procedures.

Who We’re Looking For: Passionate and Analytical Minds

We are looking for dynamic individuals who thrive in client-facing roles and are passionate about collaborating with stakeholders to achieve ambitious goals.

Key qualities we seek:

• Strong Analytical & Problem-Solving Skills: A keen eye for detail, the ability to analyze complex data, and the aptitude to solve problems creatively.
• Finance & Accounting Background: Majoring in Finance or Accounting, or prior experience in financial services through clubs or internships.
• Graduation Trajectory: On track to graduate with a bachelor’s degree in Winter 2024 or Spring 2025.
• Academic Excellence: A preferred GPA of 3.3 or above.
• Technology Proficiency: Proficient in Microsoft Word, Access, Excel, and PowerPoint.
• US Work Authorization: Not requiring sponsorship for U.S. work authorization now or in the future.

A Great Fit for You?

If you are highly motivated, results-oriented, and possess a genuine passion for commercial banking, the Citi Commercial Banking Summer Analyst Program is a compelling opportunity. We encourage you to apply if you possess a global perspective on the future of banking and aspire to make a significant impact in the corporate world.

In addition to the above, we value individuals who exhibit:

• Teamwork & Independence: Ability to work effectively both independently and collaboratively within a team.
• Self-Motivation & Initiative: Demonstrated organizational skills, high self-motivation, initiative, and leadership potential.
• Professionalism & Insight: Ability to prepare impactful deliverables for client meetings and exhibit professionalism, maturity, and keen insights when interacting with clients.
• Communication & Relationship Building: Strong communication, interpersonal, and relationship-building skills.
• Innovation & Problem Solving: Innovative and creative approaches to problem-solving.
• Intellectual Curiosity: A thirst for knowledge and a drive to continuously learn.
• Collaboration & Focus: Commitment to achieving group and client objectives.